Thursday, December 01, 2016


News Links, December 2, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Revealed: GCC sovereigns could need $560bn by 2019 as low oil price bites
Crunch Time for "Zombie Bank, Permanently on Brink of Collapse"
Things have gotten so serious at Spain's sixth biggest bank, Banco Popular, that The Wall Street Journal just christened it "Spain's most Italian bank." It wasn't meant as a compliment.
Multiple Simultaneous Threats: Nexit Next?
The nannycrats in Brussels face yet another attack on the anti-immigration front: Geert Wilders' Far-Right Party Tops Polls in the Netherlands.

## War on cash/cashless society ##
Are Indians About To Lose Their Gold?

## Fault lines/flashpoints/powder kegs/military/war drums ##
Trump, May Agree: The Rest of NATO Needs to Spend More on Defense
Iran: US Forces 'Unprofessional' in Gulf Operations
Notes US the Only One That Ever Seems to Have Problems With Their Boats
Russia: UN's Syria Aid Shipments Politicized, Mostly Going to Rebels
Turkey Has Declared War On Syria – Does This Mean That World War 3 Is About To Erupt In The Middle East?

## Global unrest/mob rule/angry people/torches and pitchforks ##
World's growing inequality is 'ticking time bomb' - Nobel laureate Yunus
The widening gap between rich and poor around the world is a "ticking time bomb" threatening to explode into social and economic unrest if left unchecked, Nobel Peace laureate Muhammad Yunus said on Thursday.
Protesters Against Aussie Refugee Treatment Delay Parliament

## Energy/resources ##
Biofuels could never sustain industrial civilization because they require that vast tracts of land be devoted to the production of energy crops. In the case of fossil fuels, nature did this work for us, which is why fossil fuels have a much greater return on investment. -- RF

## Environment/health ##
America's Chernobyl: Welcome to 'the Most Toxic Place in America'

## Intelligence/security/internet/cyberwar ##
Why transportation networks are especially vulnerable to ransomware

## Propaganda/censorship/fake news ##
Official Washington's 'Info-Wars'
Organs of Official Washington, such as the State Department and The Washington Post, are becoming unhinged over their weakening grip on the narratives that the people are supposed to believe.
Publications Called Russian-Propaganda Distributors Consider Suing Anonymous 'Experts'
The Orwellian War on Skepticism
Special Report: Official Washington's rush into an Orwellian future is well underway as political and media bigwigs move to silence Internet voices of independence and dissent.

## Systemic breakdown/collapse/unsustainability ##
Newcomers wait years for running water as Mexico City suburbs struggle
Megacities are totally unsustainable, and the situation will only get worse. -- RF

## Japan ##
LDP exec: Russia's attitude on northern territories appears to have changed
A Japan-Russia summit slated for Dec. 15 could be "the last chance" for Tokyo to resolve its longstanding territorial issue with Moscow over four Russian-held northwestern Pacific islands, a ruling party executive said Sunday.
Gravy train ends as Japan pays for long-term debt once again

## China ##
Appeals court upholds localist pair's dismissal from Hong Kong's Legislative Council
Will China's scientists' breakthrough sound death knell for world's deadly viruses?
Peking University research could help simplify development of effective vaccines or cures for infections such as bird flu, Sars, Ebola and HIV within weeks of an outbreak

## US ##
OK, I Get it: Every Company Clamors for Cheap Labor
Every company clamors for cheap labor to maximize its profits. But in the end, an economy that is based on consumer spending has trouble growing if the purchasing power of these consumers is sinking into an endless inflation-induced wage-quagmire.
Philadelphia City Attorney Linked To Anti-Trump Graffiti
The Great Unwind Unravels Hottest Rental Markets in the US
Now in San Francisco, New York, Boston, Chicago, Washington DC, and perhaps a city near you.
No matter how much money they scrape together, it won't be enough. Already-built infrastructure is too extensive to repair/replace at this reduced net-energy level. -- RF

## Recount ruckus ##

## POTUS-elect ##
Trump's Trouble with the Truth
President-elect Trump's refusal to accept the fact that he lost the popular vote by more than two million doesn't augur well for his ability to tell the truth in other cases.

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